PureCycle Technologies (NASDAQ:PCTTU) Shares Down 4.1% – Time to Sell?

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report) shares fell 4.1% on Friday . The stock traded as low as $13.10 and last traded at $14.00. Approximately 589 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 1,323 shares. The stock had previously closed at $14.60.

PureCycle Technologies Price Performance

The firm’s 50 day moving average price is $13.67 and its 200-day moving average price is $9.79.

About PureCycle Technologies

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PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.

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